RE:i am on the last pathway, last stand :(Nathan2018 wrote: I have always been in love with ACB and the people here so ill psot here.
I am down 45 000$ in APHA. that is 45 000!!! I am down!! total money i have in there is 130k! about 60 k is mine and 70 k is LINE OF CREDIT....for the past 6 months i have been paying inererst which as gone close to 2k now.
my average in apha is 12.49!!! i bought it at around 14.27 something and average down using 30k to 12.49!!
i have another 30 to 40k of my own money....maybe i can get 40 k out of tfsa...and i got another 50K line of credit from another bank!....
and in aurora i am down 10 000$ in tfsa account....in tilray i am down 3 to 4 k USD and in tgod i am down 4k in tfsa...
i dont want to do the math but i am down all my savings and more....
wtf do i do? wtf do i do with my life?
something tells me use the other 50k line of credit to buy apha for 5k before earnings...if its bad...sit on it till it hits rock bottom and starts to come back and use 45k to average down to (basically the same stock price)...and wait till it goes up to make some....
other side tells me....get the 50k .....get the 40k out of tfsa.....thats 90k...and get your 40k and put in 130k in apha....and average it down to basically 2 dollar above the stock price....
if apha goes to 6 dollars....and i put in 130k....i bring 12.49 to 8 dollar....(2 dollar above)....
someting tells me in oct...lots of LP will release partnerships....
but i feel sick to my stomach.....wtf do i do?
first of all figure out what type of investor you want to be . Long term, short term , day trading. Also don’t blow your brains out on the stock market. It’s a racket that’s not always controlled by common sense